Extending ahead the companionship, the Austrian two-wheeler maker KTM and its Indian share holder, Bajaj Auto, have decided to embrace Indonesian markets. Considered as the one of the huge markets in South East Asia, the Indonesian two-wheeler Bazaar has got quite an impressive amount of audience that they can target upon. Reportedly, Bajaj will soon enlarge its business network to welcome them, as per the official agreement that has been received by both the giants.
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KTM's well known Duke and RC machines with a 400cc displacement, which are engineered and assembled by the Indo-Austrian partners are going to be the distributed via the retail outlets of KTM there. The management process will be done by Bajaj itself that aims to extend its commercial empire with respect to the enhancing price responsive market in South East Asia.
When talking about expanding the collaboration, Rakesh Sharma, President, International Business, Bajaj Auto said, the Indian two-wheeler maker has successfully established the KTM brand in India with an exclusive channel of 250 stores. For Bajaj Auto, this agreement to distribute sub 400cc KTM motorcycles in Indonesia is a major step forward.
Since a decade, the strong bonding of Bajaj and KTM has delivered us a spectacular collection of sports bikes from their portfolio. Being successful for almost 10 years, the strategy behind their continuous growth is truly remarkable.